82-VVRESOLUTION NO. 82-VV
A RESOLUTION OF THE CITY OF BOYNTON BEACH,
FLORIDA, REDUCING PERFO~LANCE BOND FOR
DOS LAGOS P.U.D.
WHEREAS, a request has been received including a
breakdown of bonded items and reflecting the percentage of work
completed; and
WHEREAS, the City Engineer and Director of Utilities
concurred with these amounts and have made their recommendations
to reduce the bond accordingly.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL
OF THE CITY OF BOYNTON BEACH, FLORIDA:
Section 1. The surety bond in the amount of
S1,562,691.68 previously posted with the City in conjunction
with DOS LAGOS P.U.D. is hereby released in lien of a new
Performance Bond being furnished the City of Boynton Beach in
the total amount of $462,700.00.
PASSED AND ADOPTED THIS ~-~ day of ~
CITY OF BOYNTON BEACH, FLORIDA
,1982
e Mayor
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ATTEST:
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Seal)